This is the 4 hour chart of Lupin .
Lupin appears to be forming a potential Three Drives bullish reversal pattern, with both drives terminating at the 1.27 Fibonacci extension level, indicating a possible exhaustion of the downtrend.
Lupin is trading within a well-defined descending channel. It has once again approached the lower boundary of the channel, which lies around the 1865–1880 zone, and is showing signs of a bounce.
If this level is sustain , then we may see higher prices in Lupin.
Thank You !!
Lupin appears to be forming a potential Three Drives bullish reversal pattern, with both drives terminating at the 1.27 Fibonacci extension level, indicating a possible exhaustion of the downtrend.
Lupin is trading within a well-defined descending channel. It has once again approached the lower boundary of the channel, which lies around the 1865–1880 zone, and is showing signs of a bounce.
If this level is sustain , then we may see higher prices in Lupin.
Thank You !!
@RahulSaraoge
Connect us at t.me/Fivecirclesofficial
Connect us at t.me/Fivecirclesofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
@RahulSaraoge
Connect us at t.me/Fivecirclesofficial
Connect us at t.me/Fivecirclesofficial
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.